Third best run club in Britain

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ClaretTony
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Third best run club in Britain

Post by ClaretTony » Fri Sep 24, 2021 10:11 am

Behind St. Mirren & Manchester United


Just seen this

St. Mirren has been crowned as financially the best-run club in 2020 among the eight finalists, ahead of Manchester United and Burnley in second and third places, respectively.

St. Mirren were crowned on Thursday at the Football Business Awards 2021 as the best-performing club in financial terms.

The club finished 9th in the Scottish top tier in 2019/20, after the season was called off due to uncertainties regarding the pandemic. However, the Scottish club also managed their finances highly satisfactorily in 2019/20, as they improved their EBITDA-margin from a negative 12.3 percent to a positive 2.7 per cent.

Bearing in mind that the overall average for all UK clubs included in the analysis was a negative 28 per cent, the turnaround for The Buddies was very pleasing.

Although the club’s return on assets before tax was just 1.2 percent, they did significantly outperform the average of clubs included, which was a negative 21 per cent.

On top of that, the club doubled their cash at hand, insuring them against liquidity bottlenecks during the pandemic, keeping the club’s equity ratio at a very high 90 per cent.

Apart from Manchester United and Burnley, the finalists were Burton Albion, Chelsea, Kilmarnock, Sheffield United, and Tottenham Hotspur.

Dougall
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Re: Third best run club in Britain

Post by Dougall » Fri Sep 24, 2021 10:16 am

:shock: Spurs!
Wow!

Iloveyoubrady
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Re: Third best run club in Britain

Post by Iloveyoubrady » Fri Sep 24, 2021 10:19 am

Dougall wrote:
Fri Sep 24, 2021 10:16 am
:shock: Spurs!
Wow!
They spend less than us on new signings.
This user liked this post: Dougall

tiger76
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Re: Third best run club in Britain

Post by tiger76 » Fri Sep 24, 2021 10:47 am

ClaretTony wrote:
Fri Sep 24, 2021 10:11 am
Behind St. Mirren & Manchester United


Just seen this

St. Mirren has been crowned as financially the best-run club in 2020 among the eight finalists, ahead of Manchester United and Burnley in second and third places, respectively.

St. Mirren were crowned on Thursday at the Football Business Awards 2021 as the best-performing club in financial terms.

The club finished 9th in the Scottish top tier in 2019/20, after the season was called off due to uncertainties regarding the pandemic. However, the Scottish club also managed their finances highly satisfactorily in 2019/20, as they improved their EBITDA-margin from a negative 12.3 percent to a positive 2.7 per cent.

Bearing in mind that the overall average for all UK clubs included in the analysis was a negative 28 per cent, the turnaround for The Buddies was very pleasing.

Although the club’s return on assets before tax was just 1.2 percent, they did significantly outperform the average of clubs included, which was a negative 21 per cent.

On top of that, the club doubled their cash at hand, insuring them against liquidity bottlenecks during the pandemic, keeping the club’s equity ratio at a very high 90 per cent.

Apart from Manchester United and Burnley, the finalists were Burton Albion, Chelsea, Kilmarnock, Sheffield United, and Tottenham Hotspur.
Good to see we're still being well run despite what many might think, however would it be remiss of me to point out both Kilmarnock and Sheff Utd suffered relegation last season, equally both Chelsea and Man Utd have shown that you can be run sustainably and also compete for major honours.

claretburns
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Re: Third best run club in Britain

Post by claretburns » Fri Sep 24, 2021 11:12 am

tiger76 wrote:
Fri Sep 24, 2021 10:47 am
Good to see we're still being well run despite what many might think, however would it be remiss of me to point out both Kilmarnock and Sheff Utd suffered relegation last season, equally both Chelsea and Man Utd have shown that you can be run sustainably and also compete for major honours.
Also worth remembering this was from 2020, not having a dig at the new owners here, but the award would be from prior to the takeover.

Dyched
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Re: Third best run club in Britain

Post by Dyched » Fri Sep 24, 2021 11:25 am

Dougall wrote:
Fri Sep 24, 2021 10:16 am
:shock: Spurs!
Wow!
People think our journey over the past 20 years has been impressive. Tottenhams has been remarkable.

Hipper
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Re: Third best run club in Britain

Post by Hipper » Fri Sep 24, 2021 12:19 pm

Based on these three metrics:

+The EBITDA margin sheds light on how well a club’s operations are driven relative to its turnover isolated from transfer activities. Clubs who do not disclose profits from player sales separately from overall revenues are excluded from the analysis, as this inflates the EBITDA margin.

+The ROA-ratio (Pre-tax profit) gives indication to how good a club is at generating profits using its assets, which primarily concerns intangible fixed assets in the form of player registrations.

+The Equity ratio’s purpose is to assess how large a share of a club’s assets is being financed by owners’ investments, or how large the share of leverage the club uses to finance its assets is.

https://offthepitch.com/a/pitch-crowns- ... lly-201920

'Burnley had a highly satisfying 2019/20 season, despite EBITDA almost shrinking by half to just below £20 million, equivalent to an EBITDA-margin of 14.5 per cent. The main driver was wages rising from £87 million to £100 million, which in turn showed in the ROA parameter, as this was close to 0. The club managed to fund its assets through an almost even debt and equity capital structure.'

https://offthepitch.com/a/pitch-present ... -finalists

claret2018
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Re: Third best run club in Britain

Post by claret2018 » Fri Sep 24, 2021 1:04 pm

I thought Man Utd ran at a massive loss every year

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